Morning all, As quiet as I can remember at Daytraders with...

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    Morning all,

    As quiet as I can remember at Daytraders with Victoria, W.A , NT and Tas the states not having a holiday.
    Still should be a good day with some positive/ ahhh negative US leads. Volatility reigns supreme ATM.


    9:35am: US stock indexes jumped over 1 per cent on Friday as worries about the economy after a disappointing jobs report gave way to a robust rally in energy and materials stocks.
    The three major indexes clawed back losses of more than 1.5 per cent as poor payroll data hinted at economic weakness while strengthening the argument for delaying a long-awaited interest rate hike.
    The recently beaten-down S&P energy index surged 4 per cent following a rise in oil prices, while the materials index jumped 2.4 per cent.
    "The silver lining with this disappointing jobs number is that possibly this could push the rate hike off to the first quarter of 2016," said Jake Dollarhide, chief executive


    9:26am: Local shares are poised to open higher to start the week, lifted by positive overseas sentiment.
    What you need2know
    • SPI futures up 67pts to 5098 on Saturday
    • AUD at US70.61 US cents, 84.78 Japanese yen, 62.99 Euro cents and 46.49 British pence
    • On Wall St, S&P 500 +1.4%, Dow +1.2%, Nasdaq +1.7pc
    • In Europe, Stoxx 50 +0.6%, FTSE +1%, CAC +0.7%, DAX +0.5%
    • Spot gold up $US24.99 or 2.2% to $US1138.60 an ounce
    • Brent crude up 44 US cents or 0.9% to $US48.13 a barrel
    • Iron ore tumbles 5.2% to $US53.14 per tonne


    Commodities

    Iron ore exports from Australia's Port Hedland hit an all-time high last month, surpassing the record set in August, as miners boosted shipments via the world's largest bulk-export terminal. Exports totalled 39.4 million metric tons in September from 39.2 million tons the prior month and 36.3 million tons a year earlier, according to data from the Pilbara Ports Authority. Shipments to China were little changed at 33.8 million tons from the record 33.9 million tons set a month earlier.
    Rigs targeting oil in the US fell by 26 to 614, adding to the 35 sidelined in the previous four weeks, Baker Hughes said on its website Friday. "You're certainly seeing a right-sizing of the domestic oil industry, and that's where most of the pain has been felt," Matt Marietta, an analyst at Stephens Inc in Houston, said Friday. "This is a step in the right direction."
    Ships hauling two million barrel cargoes of Saudi Arabian crude to Japan, a benchmark route, earned $US104,256 a day, a level last seen in July 2008, according to data on Friday from the Baltic Exchange in London. The rate was a 13 per cent gain from Thursday. Bookings by Chinese oil companies surged last week to collect oil from regions including the Middle East and West Africa, the world's biggest loading areas, according to George Los, a New York-based analyst at shipbroker Charles R. Weber Co



    GLTAT

    Do Your Best!!
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